TUNNELCRAFT LIMITED — The Accounts

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Cash

£6M

+53.8% highest in 3 filed years

Net assets

£9.6M

+217.9% highest in 5 filed years

Employees

617

+36.5% highest in 5 filed years

Profit before tax

£11M

+762% highest in 5 filed years

Net assets

5-year trend · vs Industrials median

TUNNELCRAFT LIMITED·Industrials median · n=11059

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2025-01-31

Metric	2021-01-31	2022-01-31	2023-01-31	2024-01-31	2025-01-31	Δ vs prior
Turnover	£11,558,670	£22,087,291	£21,762,381	£66,206,590	£76,445,483	+15.5%
Operating profit	£724,283	£496,467	£138,267	£1,302,864	£11,556,044	+787%
Profit before tax	£724,283	£496,768	£137,965	£1,302,864	£11,230,929	+762%
Net profit	£505,659	£401,462	-£208,571	£612,897	£8,589,265	+1,301.4%
Cash	—	—	£2,419,645	£3,881,733	£5,971,814	+53.8%
Total assets less current liabilities	£9,658,622	£11,275,167	£11,689,603	£11,148,111	£9,649,247	-13.4%
Net assets	£3,729,193	£4,130,656	£3,922,085	£3,034,982	£9,649,247	+217.9%
Equity	£3,729,193	£4,130,656	£3,922,085	£3,034,982	£9,649,247	+217.9%
Average employees	103	186	334	452	617	+36.5%
Wages	£6,881,216	£14,503,867	£11,957,487	£41,681,749	£57,663,427	+38.3%
Directors' remuneration	£25,200	£25,200	£31,033	£38,447	£37,710	-1.9%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2021-01-31	2022-01-31	2023-01-31	2024-01-31	2025-01-31
Operating margin	6.3%	2.2%	0.6%	2.0%	15.1%
Net margin	4.4%	1.8%	-1.0%	0.9%	11.2%
Return on capital employed	7.5%	4.4%	1.2%	11.7%	119.8%
Current ratio	—	—	—	0.98x	0.98x
Interest cover	—	—	—	—	29.54x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Menzies LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 7 resigned

Name	Role	Appointed	Born	Nationality
RIORDAN, John Patrick	Secretary	1994-10-31	—	British
HICKS, Cormac Phillip	Director	1992-07-03	Oct 1953	British
RIORDAN, James Joseph	Director	1999-11-01	Oct 1968	British
RIORDAN, John Patrick	Director	1994-10-31	Apr 1965	British

Show 7 resigned officers

Name	Role	Appointed	Resigned
DWYER, Daniel John	Nominee Secretary	1992-07-03	1992-07-03
JOHNSTON, John Edward	Secretary	1992-07-03	1994-10-31
DOYLE, Betty June	Nominee Director	1992-07-03	1992-07-03
DWYER, Daniel John	Nominee Director	1992-07-03	1992-07-03
JOHNSTON, John Edward	Director	1992-07-03	1996-10-31
RIORDAN, Daniel Christopher	Director	1992-07-03	2004-04-15
SWEENEY, Charles Anthony	Director	1992-07-03	1995-04-07

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Tunnelcraft Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2021-11-17	Active
Mr Cormac Phillip Hicks	Individual	Shares 25–50%, Voting 25–50%	2016-07-03	Ceased 2021-11-17
Mr James Joseph Riordan	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2021-11-17
Mr John Patrick Riordan	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2021-11-17

Filing timeline

Last 20 of 112 total filings

Date	Type	Category	Description
2025-09-18	AA	accounts	Accounts with accounts type full
2025-07-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-10-28	AA	accounts	Accounts with accounts type full	PDF
2024-07-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-10-23	AA	accounts	Accounts with accounts type full	PDF
2023-07-26	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-07-26	CH01	officers	Change person director company with change date	PDF
2022-10-28	AA	accounts	Accounts with accounts type full	PDF
2022-07-28	CH01	officers	Change person director company with change date	PDF
2022-07-28	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-04-08	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2022-03-15	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2022-03-15	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2022-03-15	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2022-03-15	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2021-09-29	AA	accounts	Accounts with accounts type full	PDF
2021-07-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-01-29	AA	accounts	Accounts with accounts type full	PDF
2020-07-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2019-10-30	AA	accounts	Accounts with accounts type full	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page